Bloomberg “Comcast Drops Out of Bidding War for Fox to Focus on U.K.’s Sky.” Comcast Corp. will no longer seek to compete with Walt Disney Co.’s for a swath of 21st Century Fox Inc.’s entertainment assets, choosing to focus instead on winning control of the British pay-TV service Sky Plc. Following a bidding war with....
Bloomberg “Trump Blasts Fed Rate Hikes, Says Strong Dollar Hurts U.S.” President Donald Trump lashed out at China and the European Union for their weak currencies and said a stronger dollar and rising interest rates are undermining America’s “competitive edge,” taking a fresh jab at the Federal Reserve. Stocks and the dollar fell. “China, the....
El Economista “Peso gana 10.50 centavos; amenazas de Trump debilitan al dólar.” El peso se apreciaba la mañana de este viernes ante un repliegue del dólar, aunque perfilaba una baja semanal que podría interrumpir una racha de cuatro alzas presionado en días pasados por una escalada en las tensiones comerciales y una fortaleza del dólar.....
Bloomberg “Highlights from the G-20 Summit in Buenos Aires This Weekend.” Finance ministers and central bankers from the top 20 economies of the world on Sunday ended two days of talks in Buenos Aires. They began against a backdrop of concern with a burgeoning trade war that had risked spilling into currency markets. The meeting....
Forbes México “El peso retrocede ante una mayor tensión política.” El peso caía este lunes ante la aversión al riesgo derivada de un aumento de tensiones políticas entre Estados Unidos e Irán, y a la espera de noticias en el ámbito comercial y la publicación de cifras económicas relevantes como el crecimiento de la economía....
Forbes México “Peso gana por debilidad del dólar y optimismo hacia el TLCAN.” El peso se aprecia este martes ante una debilidad del dólar y por las expectativas de que México y Estados Unidos logren avances esta semana en la renegociación del TLCAN durante la reunión que habrá en Washington. La moneda cotiza en 18.83....
Forbes México “Peso recibe impulso del tono optimista entre AMLO y Trump hacia TLCAN.” El peso gana este miércoles, extendiendo ganancias de la víspera, por expectativas de que México y Estados Unidos avancen hacia un acuerdo para un TLCAN modernizado. Lo anterior, luego de que el presidente Donald Trump pidiera al ganador de las elecciones....
Bloomberg “GM Falls Victim to Trump’s Trade War as Metal Prices Sink Profit.” General Motors Co. has become the highest-profile American company to fall victim to Donald Trump’s trade wars, cutting its profit forecast this year on surging prices for steel and aluminum. Adjusted earnings will drop to about $6 a share, down from a....
Forbes México “Peso pierde desde su mejor nivel de casi tres meses.” El peso mexicano se depreciaba el jueves tras tocar en la víspera su mejor nivel desde finales de abril, y horas antes de la reanudación de las renegociaciones del TLCAN que estuvieron suspendidas durante varias semanas. La moneda, que interrumpía una racha de....
Bloomberg “Facebook Takes Historic Plunge as Scandals Finally Take a Toll.” The social-media goliath’s financial performance had previously seemed immune to fierce critiques of its content policies, its failure to safeguard private data, and its changing rules for advertisers. But on Wednesday Facebook reported sales and user growth numbers for the second quarter that fell....
Bloomberg “U.S. Growth Hits 4.1%, Fastest Since 2014, in Win for Trump.” The U.S. economy accelerated to a 4.1 percent pace of growth in the second quarter, the fastest since 2014, letting President Donald Trump claim a win for his policies even though expansion is projected to cool. The annualized rate of gains in gross....
Bloomberg “Tech Slide Deepens as Bonds Drop, Oil Breaches $70: Markets Wrap.” The biggest technology shares fell for a third day as investors showed signs of exhaustion with the sector amid a slew of corporate earnings. Government bonds declined ahead of key policy meetings from some of the world’s biggest central banks. The Nasdaq Composite....
Reuters “Economía de México cae 0.1 pct en 2do trimestre.” La economía de México se contrajo un 0.1 por ciento en el periodo abril-junio frente al trimestre inmediato anterior, arrastrada principalmente por bajas en las actividades agrícolas e industriales, según cifras preliminares del instituto nacional de estadísticas, INEGI, divulgadas el martes. En el segundo trimestre,....
Bloomberg “U.S., China Said to Seek to Restart Talks to Defuse Trade War.” The U.S. and China are trying to restart talks aimed at averting a full-blown trade war between the world’s two largest economies, two people familiar with the effort said. Representatives of U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He....
Bloomberg “China Slams U.S. ‘Blackmailing’ as Trump Weighs Higher Tariffs.” China warned the U.S. against «blackmailing and pressuring» it over trade as the Trump administration mulls trying to force officials back to the negotiating table through threats of even higher tariffs. President Donald Trump’s officials are considering more than doubling planned tariffs on $200 billion....